31 Coral Way, Stock Island, FL 33040
New Listing
$1,200,000
Property Type:
Residential
Bedrooms:
3
Baths:
3
Square Footage:
1,392
Lot Size (sq. ft.):
1,120
Status:
Active
Current Price:
$1,200,000
List Date:
10/15/2026
Last Modified:
10/15/2026
Description
Key West Transient-Licensed Vacation Rental for Sale. Own an active nightly vacation rental just minutes from Old Town Key West. This beautifully maintained 3-bedroom, 3-bathroom Coral Hammock home blends resort-style amenities with relaxed island living, and it's licensed for nightly transient rentals, which makes it a strong income-producing investment property or Florida Keys vacation home.
Inside, an open-concept floor plan features vaulted ceilings and abundant natural light. The kitchen comes with brand new stainless steel appliances and quartz countertops. The spacious living and dining areas flow seamlessly to a private covered porch for easy indoor-outdoor living.
Each of the three bedrooms has its own full bathroom, offering privacy and flexibility for family, guests, or vacation rental bookings. The primary suite opens to a private balcony, a serene retreat after a day on the water.
Outside, enjoy lush tropical landscaping and two dedicated parking spaces. You'll also have access to Coral Hammock's heated resort pool, clubhouse, and fitness center.
The home is close to the Key West Golf Club, Hogfish Bar & Grill, Hurricane Hole Marina, and some of the best dining and boating in the Florida Keys. 31 Coral Way combines comfort, convenience, and the carefree charm of Key West living.
Buyer pays 2 months of HOA dues ($880 total) at closing as a working capital contribution.
More Information MLS# 621642
Contract Information
Current Price: $1,200,000
Listing Date: 2026-10-15
Listing Board: Key West Association
List Price: $1,200,000
As is Rght to Inspct: Yes
Species List: No
Location Tax Legal
Street #: 31
Street Name: Coral
Street Suffix: Way
Key/Island: Stock Island
State/Province: FL
Zip Code: 33040
County: Monroe
Subdivision: Maloney Sub (5.0)
Area: 05 - Stock Island to Shark Key
General Property Description
Realtor.COM Type: Residential - Single Family
Style: Single Family
Waterfront: No
Pool: Yes
Year Built: 2004
Lot SqFt: 1120
Lot Sqft Source: Property Data Card
Acres: 0.03
Living Apx SqFt: 1392
SqFt Source: Property Data Card
Total Bedrooms: 3
Full Baths: 3
Total Baths: 3
Rentals Allowed: Yes
Min Rental Days: 1
Status Change Info
Status: Active
Association Info
Mandatory Home Owners Asc: Yes
1st Right of Refusal: No
Association Fee $: 440
License Info
Transient Rntl Licns: Yes
Building Style
Above Flood: Yes
Stories: 2 Stories
Property Features
Fee Includes: Common Area Mnt; Security
Tax Exemptions: None
Waterfront: None
Waterview: No Waterview
Dockage: None
Vehicle Storage: Open Parking
Furnished: Furnished
Cooling: Central Air
Heating: None
Utilities: Buyer to Verify
Interior Features: Quartz Countertops; Walk-in Closet(s)
Appliances: Dishwasher; Dryer; Microwave; Oven; Refrigerator; Stainless Steel Appliance(s); Washer
Pool Info: In Ground
Construction: Hardi Board Siding
Shutters: Panel
Floor: Vinyl
Roof: Metal Roof
Neighborhood Feature: Clubhouse; Community Pool
Security: Electric Gate
Land Size: Less Than 1/4 Acre
Terms: Cash; Conventional
Title: Title Ins - Buyer
Seller's Disclosure ›Listing Office: eXp Realty LLC Southernmost Branch
Last Updated: October - 15 - 2026
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.